Rush Street Interactive is a NYSE-listed company in the Consumer Discretionary sector and Hotels, Restaurants & Leisure industry. The stock price is $14.76 as of June 27, 2025. The company's competitors include Codere Online Luxembourg, Full House Resorts, Las Vegas Sands, Everi Holdings, and Wynn Resorts. Rush Street Interactive's Q2 earnings are confirmed for July 30, 2025. The consensus price target is $15.44.
Title: Rush Street Interactive: Stock Performance and Upcoming Earnings
Rush Street Interactive, a NYSE-listed company in the Consumer Discretionary sector and Hotels, Restaurants & Leisure industry, has seen its stock price fluctuate amidst a bullish trend in the online betting sector. As of June 27, 2025, the stock price stands at $14.76. The company's competitors include Codere Online Luxembourg, Full House Resorts, Las Vegas Sands, Everi Holdings, and Wynn Resorts. Rush Street Interactive is expected to release its Q2 earnings on July 30, 2025, with a consensus price target of $15.44.
Stock Performance
Analysts have been bullish on online betting stocks, including Rush Street Interactive. According to Macquarie analyst Chad Beynon, online betting names have been finishing the second quarter on a strong note, buoyed by solid June hold data [2]. Beynon has an "outperform" rating on Rush Street Interactive, noting that the company's stock has been one of the top performers in the sector.
Shares of Rush Street Interactive have been higher by 21.17% over the past month, despite tax headwinds such as Illinois passing its second sports betting tax increase in a year. The company has announced it will charge transaction fees of 50 cents per bet in Illinois effective September 1, but investors seem undeterred by this move.
Upcoming Earnings
Investors are eagerly awaiting Rush Street Interactive's Q2 earnings report, scheduled for July 30, 2025. The consensus price target is $15.44, indicating that analysts expect the company to perform well. The earnings report will provide insights into the company's financial health and growth prospects, which could influence the stock price in the coming months.
Competitive Landscape
Rush Street Interactive faces stiff competition from established companies in the online betting and gaming industry. Competitors such as Codere Online Luxembourg, Full House Resorts, Las Vegas Sands, Everi Holdings, and Wynn Resorts offer similar services and have significant market presence. However, Rush Street Interactive's strong performance in the online betting sector suggests that it is well-positioned to compete effectively.
Conclusion
Rush Street Interactive's stock has shown resilience and growth despite challenges such as tax increases. With a strong earnings report expected on July 30, 2025, and a positive outlook from analysts, the company appears to be well-positioned for continued success in the online betting sector. Investors should closely monitor the earnings report and any developments in the company's competitive landscape to gauge future performance.
References
[1] https://www.northjersey.com/press-release/story/1754/interactive-strength-inc-nasdaqtrnr-announces-1-for-10-reverse-split/
[2] https://www.casino.org/news/online-betting-stocks-can-extend-momentum-says-analyst/
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